Post Utme Uniport 2019 Economics Question 7
Practice objective / multiple choice question 7 from the 2019 Post Utme Uniport Economics examination.
A government is considering implementing a new tax on a specific good. The tax will be levied on the producers of the good, and the revenue generated from the tax will be used to fund a public program. If the pre-tax price of the good is ₦100, and the tax rate is 20%, calculate the new price of the good after the tax is implemented.
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About This Question
This is Post Utme Uniport 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.
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